RMG Networks Holding Co. (RMGN) Given Average Rating of “Hold” by Brokerages
Shares of RMG Networks Holding Co. (NASDAQ:RMGN) have earned a consensus broker rating score of 3.00 (Hold) from the one brokers that cover the company, Zacks Investment Research reports. One analyst has rated the stock with a hold rating. RMG Networks’ rating score has declined by 200% from 90 days ago as a result of various analysts’ upgrades and downgrades.
Analysts have set a one year consensus price objective of $1.00 for the company and are expecting that the company will post ($0.15) earnings per share for the current quarter, according to Zacks. Zacks has also assigned RMG Networks an industry rank of 103 out of 265 based on the ratings given to its competitors.
RMGN has been the subject of a number of recent analyst reports. Zacks Investment Research downgraded shares of RMG Networks from a “hold” rating to a “sell” rating in a research report on Saturday, November 11th. Roth Capital set a $3.00 target price on shares of RMG Networks and gave the company a “buy” rating in a report on Wednesday, November 1st.
WARNING: “RMG Networks Holding Co. (RMGN) Given Average Rating of “Hold” by Brokerages” was posted by American Banking News and is the property of of American Banking News. If you are viewing this article on another site, it was illegally copied and reposted in violation of US & international trademark & copyright laws. The correct version of this article can be read at https://www.americanbankingnews.com/2018/01/08/rmg-networks-holding-co-rmgn-given-average-rating-of-hold-by-brokerages.html.
RMG Networks Company Profile
RMG Networks Holding Corporation provides enterprise-class digital signage solutions. It offers suite of products, including proprietary software, software-embedded hardware, maintenance and support services, content and creative services, installation services, and third-party displays. The company provides Enterprise Server (ES), a robust software application server used to collect content from various applications and other data sources; and Media Players/Smart Digital Appliances, which are software pre-loaded media players that function as the content storage and rendering hardware between its ES content engine and the visual display end-points.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for RMG Networks Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RMG Networks and related companies with MarketBeat.com's FREE daily email newsletter.